SAP announced a strong Q3 performance and raised its annual revenue and earnings guidance performance, gaining $26bn in market value to grab the top spot as Europe’s most valuable tech company.

When looking at cloud adoption, it’s often the financial products and older ERP systems that are slow to move off-prem.

Oracle CloudWorld heralded a flurry of announcements, focusing on the need to cater to customer demand and accelerate overall cloud adoption.